This is where either I failed to make my point or you don't know what you are talking about.

My point is, and your situation is what I am talking about, that you decided to buy lots of stuff. Maybe you needed it or thought you needed it. You borrowed money, used credit cards or what ever finacial device to get the money and the thing.
You then lost your ability to pay for it. Something many people either don't think about or plan for. It may not be your fault you lost your job but it is something one must think about. That is why I started my own business, I am last to go!
I do know what I am talking about because I came from dirt poor. Not just poor but "no shoes" poor. I have lost jobs and income. I also decided if I needed something I saved for it. I only use my credit cards for things that you have to have one one for like car rental and hotels, not to buy things with.

I bought only what I had money for not what I thought I deserved. Yeah, lots of people are hurting and it is not Obama that got us there. He just has not done anything to get us out.

But back to me not knowing what I am talking about.
So many people think you have to own a home or a new car or the latest smart phone, biggest TV and they go out and get it. It is so easy. Then when the fantacy world they live in crumbles it is the fault of the person who lent them the money or sold them the product on credit that is unfair.
Well I bet most people could not even tell you one thing on the credit card agreement forms or even mortgage papers. They just sign and hope!

I am sure you did all you could do after this happened to you. What I am saying is more could have been done before it happened, like don't buy on credit unless maybe a home and then only if you CAN AFFORD IT!

Drive a used car, use a phone that does not have the capability to fly the space shuttle, maybe buy the 40" tv with cash instead of a 60" on credit or save up for it if that is what you want.

I own my cars because I saved for them, I don't owe anything on credit except my home and that is homestead and I plan to pay it off.

So tell me then, because I am not special, why can't others do that?
Isn't that what we are asking our government to do? But no, not us. Let us charge away and when our plan does not work out, by no fault of our own or may it was, bail us out. Isn't that what we don't want the government to do?

I think I do know what I am talking about, you just don't agree. Or at least my REAL WORLD and yours are different.